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Intergenerational altruism and transfers of time and money: a life cycle perspective

Bolt, Uta; French, Eric; Hentall-MacCuish, Jamie; … - 2023

, it is crucial to announce them in advance to allow parents to adjust their investments when their children are young. …Parental investments significantly impact children's outcomes. Exploiting panel data covering individuals from birth to … mothers and fathers make investments in their children. We find that time investments, educational investments, and …

Persistent link: https://www.econbiz.de/10014480401

Intergenerational wealth transmission in Great Britain

Gregg, Paul; Kanabar, Ricky - 2021

We document the intergenerational persistence of wealth between adult offspring and their parent's using the Wealth and Assets Survey for Great Britain. We estimate an intergenerational wealth elasticity of 0.4 and rank-rank elasticity of 0.3 and find wealth persistence for individuals in their...

Persistent link: https://www.econbiz.de/10012584703

Intergenerational wealth transmission and mobility in great britain : what components of wealth matter?

Gregg, Paul; Kanabar, Ricky - 2022

The rapid widening of intergenerational wealth inequalities has led to sharp differences in living standards in Great Britain. Understanding which components of wealth are driving such inequalities is important for improving wealth and social mobility. We show the change in the intergenerational...

Persistent link: https://www.econbiz.de/10012815604